Michael Strevens’s book Depth is a great achievement.1 To say anything interesting, useful and true about explanation requires taking on fundamental issues in the metaphysics and epistemology of science. So this book not only tells us a lot about scientific explanation, it has a lot to say about causation, lawhood, probability and the relation between the physical and the special sciences. It should be read by anyone interested in any of those questions, which includes presumably the vast majority of readers (...) of this journal. One of its many virtues is that it lets us see more clearly what questions about explanation, causation, lawhood and so on need answering, and frames those questions in perspicuous ways. I’m going to focus on one of these questions, what I’ll call the Goldilocks problem. As it turns out, I’m not going to agree with all the details of Strevens’s answer to this problem, though I suspect that something like his answer is right. At least, I hope something like his answer is right; if it isn’t, I’m not sure where else we can look. (shrink)

Contemporary developments in economicmethodology have produced a vibrant agenda ofcompeting positions. These include, amongothers, constructivism, critical realism andrhetoric, with each contributing to the Realistvs. Pragmatism debate in the philosophies of thesocial sciences. A major development in theneo-pragmatist contribution to economicmethodology has been Quine's pragmatic assaulton the dogmas of empiricism, which are nowclearly acknowledged within contemporaryeconomic methodology. This assault isencapsulated in the celebrated Duhem-Quinethesis, which according to a number ofcontemporary leading philosophers of economics,poses a particularly serious methodologicalproblem for economics. This problem, (...) asreflected in Hausman's analysis, consists ofthe inability of economics to learn fromexperience, thereby subverting the capacity totest economic theories. In this paper wedispute this position. Our argument is basedon a combination of Quine's holism with VanFraassen's constructive empiricism, especiallythe latter's analysis of empirical adequacy andhis pragmatic approach to explanation. Theresulting reorientation of economic methodologyrestores the capacity of economics to learnfrom experience and reinstates the imperativeof developing alternatives to orthodoxtheorizing in economics. (shrink)

The Inexact and Separate Science of Economics offers an overview of standard microeconomics and general equilibrium theory. These are not the whole of orthodox economics, and orthodox economics is not the whole of economics. But orthodox economics dominates the profession, and the theoretical core of microeconomics and general equilibrium theory – what I called ‘equilibrium theory’ – is central to most orthodox economics. Unlike many methodological works, which focus almost exclusively on the empirical problems of equilibrium theory and its applications, (...) ISSE is also concerned with the structure, strategy and heuristics of equilibrium theorizing, and it attempts to link questions about theory appraisal to questions about structure and strategy. It is addressed both to philosophers interested in epistemological questions posed by the social sciences and to economists interested in reflecting on and improving their discipline. Its inspiration lies in the work of John Stuart Mill. (shrink)